MiFID 2

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MiFID 2 Anatomy

MiFID 2: Less fondly known as EU Directive 2014/65/EU (EUR Lex) | MiFID 1 Articles: 16(7) (Recording of Communications)

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MiFID’s difficult second album.

Style

  • Make sure you get the CHiPs-style capitalisation right.
  • Is it “MiFID 2” or “MiFID II”? It is important to get the form right. One view is it must be roman numerals because, well, Star Wars, and not Police Academy. Another is that for exactly that reason, it must be MiFID 2.

Substance

It's a directive about financial instruments, so what exactly counts as a financial instrument is of some interest, right?

See also